50 Beale Street

50 Beale Street is a 328 ft (100 m), 23-floor high-rise office building in the Financial District, San Francisco between Market Street and Mission Street. It is on the list of tallest buildings in San Francisco.

50 Beale Street
Corner view (2022)
50 Beale Street Location within San Francisco Show map of San Francisco 50 Beale Street 50 Beale Street (California) Show map of California 50 Beale Street 50 Beale Street (the United States) Show map of the United States
Former names	Bechtel Building Blue Shield of California Building
General information
Type	Commercial offices
Location	50 Beale Street San Francisco, California
Coordinates	37.7912°N 122.3965°W / 37.7912; -122.3965
Completed	1967
Owner	Paramount Group, Inc.
Height
Roof	328 ft (100 m)
Technical details
Floor count	23
Floor area	730,136 sq ft (67,831.9 m2)
Design and construction
Architect(s)	Skidmore, Owings & Merrill
References
[1][2]

Completed in 1967, the building served as the world headquarters for Bechtel before the company moved to Reston, Virginia.^[3] The building has also served as headquarters for Blue Shield of California between 1996 and 2018.^[4] In 2006, Blue Shield renewed its lease and acquired naming rights to the building. The building has formerly been known as the Bechtel Building and subsequently the Blue Shield of California Building.^[5]

Broadway Partners acquired the building in 2007.^[6] A joint venture of The Rockefeller Group and Mitsubishi Estate New York acquired the building in September 2012.^[7] The building was sold to Paramount Group, Inc. for approximately US$395 million in September 2014.^[8]

The building features a 1920 railcar used by Steve Bechtel. The private railcar was the Bechtel family home in the 1920's and was the living quarters of the Bechtels when constructing the Hoover Dam.^[9]

Tenants

• Bechtel^[3]
• Blue Shield of California^[4][5]
• Glassdoor^[10]
• Instacart^[11]
• VerticalResponse
• Zenefits
• San Francisco Health Authority/San Francisco Health Plan

See also

• San Francisco Bay Area portal

References

1. "Emporis building ID 118861". Emporis. Archived from the original on March 6, 2016.{{cite web}}: CS1 maint: unfit URL (link)
2. "50 Beale Street". SkyscraperPage.
3. Gregg, Aaron (June 7, 2018). "Bechtel to move headquarters to Reston after more than a century in San Francisco, bringing 150 jobs". The Washington Post.
4. Li, Roland (March 8, 2017). "Blue Shield to move headquarters from San Francisco to Oakland with massive lease". American City Business Journals.
5. "50 Beale Street to be Renamed Blue Shield of California Building" (Press release). Blue Shield of California. September 28, 2006.
6. Dineen, J.K. (March 8, 2007). "Broadway Real Estate buys South San Francisco building for $66 million". American City Business Journals.
7. "Rockefeller JV Acquires San Francisco's 50 Beale St". Commercial Property Executive. September 14, 2012. Archived from the original on September 12, 2014. Retrieved June 27, 2014.
8. "The Rockefeller Group Sells 50 Beale for $395MM" (Press release). The Registry. September 10, 2014.
9. "San Francisco, California: WaaTeeKaa Bechtel Museum". Roadside America. Archived from the original on 2023-03-22. Retrieved 2023-12-10.
10. "Glassdoor To Relocate Global Headquarters To San Francisco In 2020". Cision PR Newswire (Press release). May 23, 2019.
11. "Scoop: Instacart grabs big helping of S.F. office space off the shelves". San Francisco Business Times. Retrieved 2019-04-19.

External links

• "50 Beale Street". The Rockefeller Group. Archived from the original on 2014-04-05.